Liquid Adhesives Market Growth to Observe Exponential Upsurge at 4.5 CAGR by 2025- Latest Report by MarketsandMarkets™
Verfasser: ashwani_kailiya on Wednesday, 9 November 2022The report "Liquid Adhesives Market by Technology (Water-based, Solvent-based, Reactive& Others), End-Use Industry (Paper, Packaging & Related Products, Building & Construction, Medical, Assembly & Others), Region - Global Forecast to 2025", size is projected to grow from USD 35.8 billion in 2020 to USD 44.6 billion by 2025, at a CAGR of 4.5%. There has been wide acceptance of liquid adhesives in various end-use industries such as paper, packaging & related products, building & construction, medical and assembly & others, which is expected to drive the market. The growth of the liquid adhesives market in the paper, packaging & related products segment can be attributed to the increased use of liquid adhesives in a wide variety of paper bonding applications ranging from corrugated box construction and the lamination of printed sheets to packaging materials used in all types of consumer products and the production of large industrial tubes and cores.
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The water-based technology segment is estimated to account for the largest share of the liquid adhesives market, by technology, during the forecast period.